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Latest IOST News: Partnerships, Mainnet and More

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IOST news

With the third quarter of 2018 almost over, the fourth quarter brings with it lots of optimism in terms of technical developments for our favorite crypto projects as well as the market performance of the corresponding digital assets. In the case of IOSToken (IOST), lots of new developments have been eclipsed by the current bear market that has led to the total market capitalization of the crypto market falling to $200 Billion. The digital asset of IOST has not been spared by the current decline and is currently trading at $0.012 having dropped from comfortable levels of $0.017 only a few days ago.

But with the new week ahead, it is good to recapitulate on the recent IOST news and why they give us more reason to be bullish about the token as we enter the fourth quarter of 2018.

Recent IOST news and Partnerships

The IOSToken team have managed to seal a few partnerships in the past few days.

On the 14th of September, the team announced via Twitter that they were partnering with the offline tech school of Code Chrysalis which provides intensive coding boot camps for engineers. IOST will be partnering with the school to launch and offer blockchain coding courses in the near future.

On the same day, the IOST team announced that they were partnering with Mantra to form a tamper-proof charity ecosystem. The announcement would further state that:

“As a public chain project, IOST also pays attention to the impact that blockchain technology will have on charitable activities, and has been working hard to promote blockchain’s many uses for charitable organizations.

In the future, IOST will provide technical support for Mantra, and will help to make Mantra’s donation information and fund usage publicly available through an information query system in order to build a tamper-proof, trustless and transparent charity infrastructure.” 

A few hours ago, the team at IOST have tweeted a new partnership with the team at Ginco. This firm is behind one of Japan’s most popular cryptocurrency wallet of the same name. IOST will be added to their digital wallet and will be co-hosting an event in Tokyo with the team at Ginco later on in the year. The full tweet making the announcement can be found below:

Technical Updates

The team at IOST also updated the community about the recent technical developments. With regards to the consensus protocol on the IOST network, the team has fixed a bug that was affecting receipts. They also added transaction deletion endpoints and designed a voting system that is yet to be reviewed. Other technical updates included upgrading the peer-to-peer network and IOST’s virtual machine. More on this can be found on their Medium.com page.

Tokyo Office And Expansion in Japan

The team has been aggressively pushing for the expansion of IOST in Japan for the last two weeks. They have officially opened an IOST Tokyo office located in the Blink Smart Office workplace.

IOST also welcomed two new team members to their Japan team. They include  Makoto Ota, who will be leading Business Development in the Japanese market and Kanna Sato, who will be the Community Manager for IOST in Japan. Both new team members have experience in the startup industry in Japan and will assist in the smooth operations in the country.

In conclusion, the IOST project continues to make major strides and according to its updated roadmap. According to the same roadmap, the public Testnet will be launched in Q4 with the highly anticipated Mainnet being launched in early 2019. Look for more exciting IOST news to come.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. The author is long Bitcoin. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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3 Reasons Why WISE Token Could Be a Massive Winner in 2021

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After working in proprietary trading for over a decade, I decided to transition to crypto in early 2017.  Although crypto is significantly different from traditional capital markets, I managed to successfully find a niche for successful and opportunistic trading.  While 2017 was the perfect time to get involved, the past few years have proven to be a bit more challenging as far as generating ROI.

Cryptocurrency traders have spent the past several years searching far and wide for the next big winner.  While the market as a whole hasn’t been very bull friendly, one specific area that appears to be gaining traction is decentralized finance, more commonly known as DeFi.  This area generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum.  The reason why so many crypto entrepreneurs are flocking to this space is that it allows them to create traditional financial vehicles in a decentralized network, outside the meddlesome control of foreign governments.

One extremely popular DeFi project is Chainlink (LINK) which is a decentralized oracle network that provides real-world data to smart contracts on the blockchain.  Chainlink has seen its token price increase by more than 300% year-to-date.    Another impressive project in the space is Kyber Network (KNC) which has seen its token soar from $0.20 at the start of the year to more than $1.60 at present.  Kyber Network’s on-chain liquidity protocol allows decentralized tokens swaps to be…

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Lotto Nation is Revolutionizing the Traditional Lottery Industry

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Lotto Nation

As the global economy continues to deal with the economic fallout due to the ongoing pandemic, companies are coming to terms with the fact that normalcy may not return for quite a while.  Many economists are wondering how the business landscape will look a year or more from now.  It’s certainly possible that many businesses, such as retailers and restaurants, may be unable to survive the current downturn.  But while some businesses will falter, others will emerge stronger than ever.

Traditionally, when economies go through a severe downturn, companies adapt.  Those that maintain the status quo usually have great difficulty while those that adapt prosper and conquer.  One possible example of this is Lotto Nation.  Thanks to the entrepreneurial skills of Nils Thomson, the Founder and CEO of Lotto Nation, the company is attempting to completely modernize the traditional lottery industry.

Current Lottery Model is Severely Outdated

It’s safe to say that nearly every human that has ever walked the earth has fantasized about winning the massive jackpot that would completely change their life.  These dreams have turned the global lottery industry into a $302 billion market that is expected to reach $380 billion by 2025.  Despite this predicted growth, the industry suffers from a variety of problems that are preventing it from really exploding.

Perhaps the biggest problem is that traditional lotteries are centralized.  Because of this, there is essentially no oversight on what a lottery provider…

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social

When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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